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but whether the house republicans would accept that or not is a big, big question. it seems to me that's the lead horse, that's the lead solution right now, is a version of the mcconnell plan throwing in the spending, which i think would be a good idea of at least $1.5 trillion worth of spending cuts. whether the house republicans -- they've been sending some signals they won't accept that. in this case, we're really at loggerheads. >> diane swonk joins us. ben bernanke called it calamitous not to raise the debt ceiling. moody's said it would downgrade the u.s. aaa credit rating. let's talk about consequences from an economist perspective. if the u.s. fails to raise its debt ceiling on august 2nd, what does it mean for our already struggling economic recovery? >> well, it's incredibly bad news. it could be enough to push us into another recession, depending on how far. immediately they'd have to do 40% to 45% cuts in spending right off the top of the board. how long that would last? i would first stop paying congress for not doing their job. but i think the real iss
but whether the house republicans would accept that or not is a big, big question. it seems to me that's the lead horse, that's the lead solution right now, is a version of the mcconnell plan throwing in the spending, which i think would be a good idea of at least $1.5 trillion worth of spending cuts. whether the house republicans -- they've been sending some signals they won't accept that. in this case, we're really at loggerheads. >> diane swonk joins us. ben bernanke called it...
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Jul 16, 2011
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and just yesterday, a big apology. he met with the family of a murdered teenager saying he's sorry that his journalists hacked her phone. he apologizes in print, as well, promising reareds that he will make big changes in the company. >>> and now to this side of the pond. the u.s. attorney general orders the fbi to look into whether rupert murdock's employees broke any u.s. laws. let's get straight to susan candiotti. rupert murdock appears before the parliament in just three days to testify. how hot is that seat there and here? >> well, i think it's safe to say that seat will be sizzling. by all accounts, his questioning before parliament can be spec spectacular. he took out full page ads mostly his own, but big block letters saying we are sorry. he signed the ad. his words he's poll gazing for wrongdoing causing hurt and not acting faster to sort things out. so par two top executives are taking the fall, his top editor, rebekah brooks, plur dock has described her as like a daughter to him. she's been in charge of his
and just yesterday, a big apology. he met with the family of a murdered teenager saying he's sorry that his journalists hacked her phone. he apologizes in print, as well, promising reareds that he will make big changes in the company. >>> and now to this side of the pond. the u.s. attorney general orders the fbi to look into whether rupert murdock's employees broke any u.s. laws. let's get straight to susan candiotti. rupert murdock appears before the parliament in just three days to...
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Jul 16, 2011
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i think her big problem, the big question is, whether rick appearry geappear appear -- rick perry gets in, the governor from texas, because he would take some oxygen away from her. what's interesting, when michele bachmann came on the national scene a lot of people -- one republican described her to me as a sarah palin mini me. okay? and now there's not that sense anymore. in fact, lots of people are looking at michele bachmann and saying, actually, she's a very credible candidate, even when compared with sarah palin. and at a certain point, sarah palin has to decide whether she wants to run for the presidency or not, and republicans are getting very, very impatient, and at a certain point they're going to say you know what? we've got michele bachmann here. if rick perry gets in, we've got him in this field. they're both cultural conservatives. maybe sarah palin is too polarizing, and we don't need you in the field? >> some of michele bachmann supporters privately suggested to me, they don't want to publicly criticize sarah palin but say michele bachmann is much more substantive on the
i think her big problem, the big question is, whether rick appearry geappear appear -- rick perry gets in, the governor from texas, because he would take some oxygen away from her. what's interesting, when michele bachmann came on the national scene a lot of people -- one republican described her to me as a sarah palin mini me. okay? and now there's not that sense anymore. in fact, lots of people are looking at michele bachmann and saying, actually, she's a very credible candidate, even when...
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Jul 16, 2011
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about two weeks ago when he doubled down and said you know what, let's do the big deal. let's do the $4 trillion plan. he sort of-- sort of came late to the game. he kind of endorsed the bowles simpson plan which he stl has never fully endorsed but the goals of it, he did endorse in the last couple of weeks so they didn't quite expect that, the republicans in that sense and then that's when they started to retreat from retreat on could up history of '95, think mitc certainly looks at that is bill clinton want to be a looks at 95 i more with was good republicans then. been good, possibly could for house the day he votes to get >> rose: boehner at that to newt >> tt's right. he was in leadership at the think he sees know, the figured it out won. republicans won. is the guy is ying to here and i different set. he was of a different mindset. >> hans, do you agree with this is the political take plac 2012, that presidentas sense of the resignation. >> well, it's not all resignation implies sort of and don't way to alter forward. i think what you have seen in the last weeks, t
about two weeks ago when he doubled down and said you know what, let's do the big deal. let's do the $4 trillion plan. he sort of-- sort of came late to the game. he kind of endorsed the bowles simpson plan which he stl has never fully endorsed but the goals of it, he did endorse in the last couple of weeks so they didn't quite expect that, the republicans in that sense and then that's when they started to retreat from retreat on could up history of '95, think mitc certainly looks at that is...
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there in the last big town on the way to the capital. fate and that of the libyan revolution could be decided here. >> that is all for this week. from all of us, goodbye. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> union bank has put its global expertise to work for wide range of companies, from small businesses to major corporations. what can we do for you?
there in the last big town on the way to the capital. fate and that of the libyan revolution could be decided here. >> that is all for this week. from all of us, goodbye. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> union bank has put its global expertise to work for wide range of companies, from small businesses to major corporations. what can we do for you?...
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Jul 16, 2011
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starting tonight, they will shut down the 405 freeway, a big l.a. artery and there's no stopping it now. a report tonight from nbc's george lewis. >> reporter: it's one of the world's busiest freeways, carrying more than half a million cars on the average summer weekend. the billion dollar widening of the freeway, aims at relieving traffic jams. >> it's a great way to move people, reduce congestion and improve the air. >> reporter: to do that construction crews have to tear down and remodel this bridge, forcing the shutdown of a ten-mile stretch of the 405 this weekend. long time knx radio traffic reporter tommy jackson. >> it certainly will be a traffic disaster and nightmare. >> reporter: shannon o'kelley, chief operating officer for the l.a. health system says doctors and nurses will camp out at ucla's hospital this weekend. >> we're looking at being able to house around 500 folks. >> reporter: in the middle of all this, rachel israel and john pollock are getting married tomorrow, and some of their guests are worried. >> they were nervous to tell
starting tonight, they will shut down the 405 freeway, a big l.a. artery and there's no stopping it now. a report tonight from nbc's george lewis. >> reporter: it's one of the world's busiest freeways, carrying more than half a million cars on the average summer weekend. the billion dollar widening of the freeway, aims at relieving traffic jams. >> it's a great way to move people, reduce congestion and improve the air. >> reporter: to do that construction crews have to tear...
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Jul 16, 2011
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. >> time for a break, but first, check out the website, you can keep an eye on the big media stories in the watch list section and also go behind the scenes, always very interesting stuff on our website. check it out, foxnews.com/fox news watch. up next, more on the news of the world phone hacking scandal. until i see smoke. so pantene said, "breakage and split ends? no problem." they gave me this pantene called bakage to strength. [ female announcer ] the keratin protection pro-v system helps prevent then repair split ends. zero fear of breakage, 100% more strength. no regrets, just health. i'm not giving up the heat. [ female announcer ] the breakage to strength system from pantene. you know that comes with a private island. really? no. it comes with a hat. you see, airline credit cards promise flights for 25,00miles, but... [ man ] there's never any seats for ,000 miles. frustrating, isn't it? but that won't happen with the capital one venture card. you can book any airline anytime. hey, i just said that. after all, isn't traveling hard enough? ow. [ male announcer ] to get the fl
. >> time for a break, but first, check out the website, you can keep an eye on the big media stories in the watch list section and also go behind the scenes, always very interesting stuff on our website. check it out, foxnews.com/fox news watch. up next, more on the news of the world phone hacking scandal. until i see smoke. so pantene said, "breakage and split ends? no problem." they gave me this pantene called bakage to strength. [ female announcer ] the keratin protection...
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Jul 16, 2011
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big debate on whether he should go to the police and tell them about it. it was apparently a large field, and it just really made him nervous. >> was he afraid if he found out they knew they would harm him? >> yeah. >> russell's father and stepmother tell a similar story. >> they were growing it down near where we had a spring, which was way down the hill. and it was a danger to even go down there. >> they had it booby-trapped. >> booby-trapped? >> oh, yes. >> did russell know about these places? >> oh, absolutely. >> russell was going to go ahead and let the truth be known. >> instead, on thursday, may 27th, 1982, russell jordan, having attended the first three classes of his school day, simply disappeared. two weeks before the end of his sophomore year. it was as if he had ceased to exist. >> well, normally he would be home by around 5:00. and i was getting uneasy. i was getting nervous. but as soon as gil got home, i told him, "russell isn't here and i'm concerned." and we both said, "well, maybe we'd better call the police." >> where was russell jordan
big debate on whether he should go to the police and tell them about it. it was apparently a large field, and it just really made him nervous. >> was he afraid if he found out they knew they would harm him? >> yeah. >> russell's father and stepmother tell a similar story. >> they were growing it down near where we had a spring, which was way down the hill. and it was a danger to even go down there. >> they had it booby-trapped. >> booby-trapped? >> oh,...
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Jul 16, 2011
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it was kind of like a big shock. the news started broadcasting that there was a killer running around south beach. and it was total fear. >> absolute unbelievable shock that this was a public figure in our neighborhood that was murdered in a very brutal and public way. that was the news coming to life in a way that i had never experienced before. so you're kind of dazed and confused. you have the wind knocked out of you. >> only hours after versace's murder police make a crucial discovery. in a south beach parking garage not far from versace's mansion they found some clothe stuffed urn a red chevy pickup truck. the vehicle is traced back to william reese the new jersey man believed to have been murdered by andrew cunanan. >> that was just found within the last 24 hours. that links cunanan to the murder scenes and so many places and has fut evidence linking him to it. it was we felt a key piece of evidence. >> inside the vehicle investigators find a reseptember indicating the truck had been parked in the garage since
it was kind of like a big shock. the news started broadcasting that there was a killer running around south beach. and it was total fear. >> absolute unbelievable shock that this was a public figure in our neighborhood that was murdered in a very brutal and public way. that was the news coming to life in a way that i had never experienced before. so you're kind of dazed and confused. you have the wind knocked out of you. >> only hours after versace's murder police make a crucial...
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they got a big sandwich of nothing. they won't be there at all, and the second thing is i have a theory that's unprovable that the night obama won the election in 2008 is the night he appears with rick warren. he said i don't agree with what he all says, but he's already. if you look at the numbers in 2008, the republicans stayed home more than the democrats turned out because they didn't think testifies the anti-christ, but now they think he is, and so they'll turn out again. it's not clear that obama's face is going to turn out, and it's going to be a tough election which is why it's all the more crazy that people like nader are still getting somebody to challenge him either as an independent or within the democratic party. that's how incumbents lose because they are challenged from within. carter was challenged by kennedy. johnson challenged and beaten. the easiest way to lose a presidency is to have to fight two battles at once. as much as i -- even if i disagree with obama and thought hefsz terrible, i would be as
they got a big sandwich of nothing. they won't be there at all, and the second thing is i have a theory that's unprovable that the night obama won the election in 2008 is the night he appears with rick warren. he said i don't agree with what he all says, but he's already. if you look at the numbers in 2008, the republicans stayed home more than the democrats turned out because they didn't think testifies the anti-christ, but now they think he is, and so they'll turn out again. it's not clear...